Global Earthworm Farming Market Value to Reach $0.32 billion by 2028: Stratistics MRC
HYDERABAD, TELANGANA, INDIA, February 24, 2022 /EINPresswire.com/ — Earthworm Farming Market Forecasts to 2028 – Global Analysis By Type of Species (Aporrectodea Calignosa, Eisenia Foetida), Application (Agriculture, Animal & Fish feed, Eat, Fishing Bait), By Geography
The Global Earthworm Farming Market is accounted for $0.10 billion in 2020 and is expected to reach $0.32 billion by 2028 growing at a CAGR of 15.7% during the forecast period. The rising inclination for organic farming over conventional farming is driving the market growth. However, the lack of scientific knowledge and temperament necessary to farm earthworms is hampering the growth of the market. The agriculture segment is going to have lucrative growth during the forecast period, as earthworms can eat and mix a huge quantity of soil and organic matter and deposit it in the form of casts, which is helpful in agriculture. Asia Pacific is going to have high growth during the forecast period, owing to the increased acceptance of organic farming practices.
Some of the key players profiled in the Earthworm Farming Market include Guangxi Xintianyu Technology Co., Ltd, Kahariam Farms, My NOKE, NutriSoil, Sunrise Agriland Development And Research Private Limited, VermiCo, Kahariam Farms, My NOKE, and NutriSoil.
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